This Presidency will be a tightrope for Trump. How does he back away from some of his more outrageous statements and not alienate his base? Already there are mutterings of the wall being "metaphorical", and now this:

All sounds good to me, Trump. Seems to be cutting back heavily on taxes, yet spending heavily. I can't see any problems ahead.

Multi-national US companies are estimated to be holding $1.4 trillion in cash outside of the USA. Google and Microsoft are the biggest holders of cash outside the USA.

At the moment, this cash is useless to shareholders, the the US economy and US Government.

This build up has occurred because these companies don't want to pay the US corporate tax rate of 35%.

Trump's policies look towards reducing the corporate tax rate so that these multi-nationals don't end up shuffling money out of the country.

When money leaves the country, taxes don't get paid and the cash isn't re-invested in the economy.

Lower corporate tax rates encourage US companies to hold their cash in the country and re-invest, creating growth within the domestic economy.

Lower corporate tax rates also reduce costs on businesses which have previously off-shored and taken jobs with them. High tax rates reduce competitiveness.

Trump is also promoting a one off tax rate of 10% for all repatriated cash.

If $700Bn is repatriated, that means a massive injection of private money into the economy to stimulate growth, plus $70Bn into Government coffers. A genius move, huge stimulation to create jobs and growth using private funds.

I wouldn't mind betting that a Trump Republican Government would use part of that $70Bn tax revenue to help stimulate growth via infrastructure private/public partnership investments in the Rust belt states of Pennsylvania, Ohio, Wisconsin, Michigan etc.

These are the States that delivered the party the election, and the states which will need to be held in 2020.

The potential for the above tax policies to stimulate the US economy is huge.

We had a very recent PM here similarly lied his way into office with an agenda he could never keep. His own party threw him out to save themselves. While they can't throw Trump out, his non delivery will drive voters back to the parties they abandoned for him, wasting a great opportunity to kill inequality

DOW HITS ALL-TIME HIGH

I didn't expect you to be still interested in this thread after Priebus announced yesterday that deportations were not going to happen and the wall was metaphorical.

Just making an observation Passing Through. Do you have a problem being held accountable?

If you are going to act like the World will end upon a Trump win in the other thread, expect your prediction to be discussed if it doesn't play out that way.

You were very strong on the markets being indicative of your view being correct, I'm just pointing out that the Dow hit an all time high last night.

I will drop in every now and then to have a laugh at what I'm sure will be the continued whining and the 'we know better' attitude that also pervaded the previous discussion thread.

Are you saying the volatility has stopped yet, it never happened or both?

As many pointed out the market had already somewhat factored in a Trump possibility. On it actually happening there was a lot of movement before settling back again. Before Trump starts to rule, there will be much more volatility in the markets as they try to work out from announcements he either holds or reverses on who the winners and losers will be. Markets move and return, there isn't a lot of places money in that volume to shift to. I wouldn't like to be holding shares in anything to do with renewable energy or science based

We have flat-earthers in charge. Climate science and evolution deniers. Wonder what they will do with NASA? Military/weapons based companies on the other hands are rubbing their hands together, but there will still be plenty of uncertainty and movement to come

DOW HITS ALL-TIME HIGH

Bank stocks in US and here have jumped significantly due to claims he will ease the banks requirements to hold capital (ala pre GFC ) . This is not a good thing unless your in real estate and need easy cheap money .

DOW HITS ALL-TIME HIGH

Bank stocks in US and here have jumped significantly due to claims he will ease the banks requirements to hold capital (ala pre GFC ) . This is not a good thing unless your in real estate and need easy cheap money .

Looks like trump will be looking after the evil banks and the establishment, gotta laughat the suckers who expected anything else

DOW HITS ALL-TIME HIGH

Bank stocks in US and here have jumped significantly due to claims he will ease the banks requirements to hold capital (ala pre GFC ) . This is not a good thing unless your in real estate and need easy cheap money .

Looks like trump will be looking after the evil banks and the establishment, gotta laughat the suckers who expected anything else

He's also vowed to impose tariffs on goods made abroad. Wonder what the market will think of the likely trade war. I'm tipping that might be one of his "non-core" promises.

Apathetic non-voting university brainwashed hipster - YOU CAN HAVE AN OPINION SO LONG AS ITS MY OPINION.

America desperately needed a shake up. And while I don't agree with him on a lot of issues there is a lot I do agree with, particularly on reigning in unsustainable welfare and building the economy again."

Rachel Corbett

November 10, 2016 9:00pm

I don’t like Trump. But maybe I was wrong about him

As the hangover from the Trump victory wears off I have a small confession to make. I’m feeling hopeful.

Granted, a year from now, as I’m standing in the smouldering ruins of society watching The Four Horseman gallop over the rise I might be cursing my premature optimism.

But watching Trump deliver his first speech as President-elect I thought, “maybe I didn’t give this guy enough credit.”

Everyone was waiting for him to celebrate by wheeling out a keg and hosing down women in white T-shirts but instead he looked (I can’t believe I’m saying this) mildly Presidential.

Most of that can be attributed to his speechwriters, who hit the perfect tone to temper his madness, but as he delivered his speech I wondered whether Trump had played us all spectacularly.

He’s had years of experience in reality television, has been a public figure for decades and knows how the media works. He understands what behaviour gets the loudest cheers and highest ratings.nd while I doubt we’re going to see him morph into a tanned Mother Teresa anytime soon, I’m starting to think the Trump we saw on the campaign trail might be the one he knew would have most impact.

Truth is, if he’d been the bloke on election night promising unity and fairness the whole way through, he’d never have been able to galvanise the disaffected masses he needed to win. As someone who was bewildered by his success, the election result opened my eyes to how far removed those of us in media and politics are from the people who’s lives are genuinely affected by the decisions of Government.

I, like many, thought reason, logic and decency would prevail but none of those things put food on the table for a retirement-age steelworker who can’t remember the last time he had $5 to spare.

I was so swept up in this idea the smartest and most adult person in the room was the most deserving that I was genuinely shocked when Hillary refused to front her supporters when things were looking grim. Those people had been waiting for hours to hear from a woman who represented their hopes for the future and instead they were fed some line about the fight not being over even though 15 minutes later she was calling Trump to concede defeat.You can guarantee if Trump lost he would have been out in front of the crowd thanking them for their support (and potentially hosing down women in white T-shirts). In fact, I think he might have preferred that so he could just slap an “as seen on the Presidential ballot” sign on the entrance of his buildings without having to deal with the 3am phone calls about Syria.

For Hillary, however, this was deeply personal and refusing to deliver a concession speech under the giant glass ceiling and fireworks that were potentially prematurely booked, proved this was more about her than the people.

As an anti-politician Trump has everything to lose and nothing to gain, so he’ll hopefully be more concerned with getting things done than making sure he’s still got a car space in four years.

Whatever the outcome, those of us who doubted him need to be rooting for his success. The American people voted and if he’s the divisive, misogynistic piece of work we’ve seen so far they’ll have their chance to vote him out in four years. But it’s in everyone’s best interests for him to prove we severely underestimated him.

Let’s hope Trump can make America great again, because if he doesn’t we’re stuffed.

In the end was clinton more concerned about being the first WOMAN president?

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